Five-Star Business Finance - Internal Audit Role - CA

Key Responsibilities:

1. Conduct audits of various departments, branches, and functions as per the annual audit plan.

2. Identify key risks and assess the adequacy of internal controls.

3. Ensure adherence to RBI guidelines, statutory requirements, and internal policies.

4. Stay updated on regulatory changes impacting NBFC operations.

5. Review loan processing, disbursement, collections, and asset quality monitoring.

6. Audit financial statements and transactions to detect discrepancies or fraud.

7. Identify process gaps, fraud risks, and operational inefficiencies.

8. Recommend corrective actions and process improvements.

9. Prepare detailed audit reports highlighting key findings and recommendations.

10. Work with departments to ensure timely implementation of audit recommendations.

11. Utilize data analytics to detect anomalies and improve audit effectiveness.

12. Ensure best practices in risk management and corporate governance.